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However, not all capital obligations involve debt and, therefore, the risk of default or bankruptcy. Some comparisons of different obligations require a beta calculation that is stripped of the ...
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Beta ...
However, not all capital obligations involve debt and, therefore, the risk of default or bankruptcy. Some comparisons of different obligations require a beta calculation that is stripped of the ...